ISLAMABAD, May 11 (APP): Prime Minister Muhammad Shehbaz Sharif, Monday, stressed that export-led industrial growth was essential for achieving the country’s economic development targets and reiterated that the government was fully focused on enhancing exports and providing facilities and support to industries. The prime minister chaired a high-level meeting to review strategies aimed at increasing Pakistan’s exports and strengthening the country’s export-oriented industries. The prime minister directed the relevant authorities …
PM for export-led industrial growth for economic prosperity
ISLAMABAD, May 11 (APP): Prime Minister Muhammad Shehbaz Sharif, Monday, stressed that export-led industrial growth was essential for achieving the country’s economic development targets and reiterated that the government was fully focused on enhancing exports and providing facilities and support to industries.
The prime minister chaired a high-level meeting to review strategies aimed at increasing Pakistan’s exports and strengthening the country’s export-oriented industries.
The prime minister directed the relevant authorities to formulate a comprehensive plan to facilitate small and medium-sized enterprises (SMEs), which played a crucial role in boosting exports.
He also asked to develop strategies for promoting new businesses and industries that could contribute to swelling country’s export volume, PM Office Media Wing said in a press release.
The meeting was attended by Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar, Minister for Economic Affairs Ahad Khan Cheema, Minister for Commerce Jam Kamal Khan, Minister for National Food Security and Research Rana Tanveer Hussain, Minister for Climate Change Dr Musadik Malik, Minister for Finance and Revenue Muhammad Aurangzeb, Minister for Information Technology and Telecommunication Shaza Fatima Khawaja, Minister of State for Finance and Railways Bilal Azhar Kayani, Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan and other senior government officials.
Highlighting the importance of innovation, the prime minister observed that research and development and innovations in industry and trade would help Pakistani products become more competitive at the international markets.
He further directed that tax refunds for exporters should be released in a timely manner.
During the meeting, participants were briefed on the government’s proposed export enhancement strategy.
The draft policy was discussed in detail, and participants shared their recommendations and suggestions.
